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<h1>CBDT Amends Income-tax Rules: Electronic Filing Mandatory for Foreign Accounts, Companies; Introduces E-Verification Code. Effective April 1, 2015.</h1> The Central Board of Direct Taxes issued Notification No. 41/2015, amending the Income-tax Rules, 1962, effective April 1, 2015. Key changes include updates to Rule 12 regarding income tax return filing procedures. Individuals with foreign accounts or income must file electronically. Companies and certain other entities are required to file returns electronically using a digital signature. The amendment also introduces the option of using an electronic verification code for return verification. Changes in forms and updates to references in sub-rules are included. The notification aims to streamline and modernize the tax filing process.